Homebuilder PulteGroup returns to profit in 2Q – Times Union
Homebuilder PulteGroup returns to profit in 2Q – Times Union: “PulteGroup Inc., the nation’s largest homebuilder, said Wednesday it returned to a quarterly profit for the first time in more than three years, as revenue surged amid a rush by Americans to complete their home purchase in time to qualify for federal tax�credits.
The builder’s acquisition of rival Centex Corp. last year was key, bolstering its inventory of homes geared for first-time buyers, many of which seized on the government incentives to become�homeowners.”
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